guided capitalism

Definitions

A capitalist economic system with some variety of state guidance.

uncountable, usually

Examples

“... the difference between socialism and a strategically guided capitalism may be slight, particularly if the emphasis on ownership is found irrelevant.”

“It has been called a policy of "guided capitalism," and seeks to "preserve⟳ free enterprise" by numerous large-scale adjustments [....]”

“Therefore, on the understanding that the essence of the bourgeois economy will be absent from the picture, we may call⟳ this system Guided Capitalism.”

“This chapter examines Japan's guided capitalism, which connotes a major state role in spurring private-sector investment and improved technology [....]”

“He calls it a guided capitalism. I think⟳ of it more as corporate capitalism. Singapore is run⟳ much as one would run⟳ one of the corporate elephants,”

CEFR level